We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Bitfarms Ltd. (BITF) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Read MoreHide Full Article
In the latest trading session, Bitfarms Ltd. (BITF - Free Report) closed at $3.84, marking a -6.57% move from the previous day. This change lagged the S&P 500's daily loss of 1.17%. On the other hand, the Dow registered a loss of 0.53%, and the technology-centric Nasdaq decreased by 2.04%.
Prior to today's trading, shares of the company had gained 18.79% outpaced the Business Services sector's loss of 5.24% and the S&P 500's gain of 2.12%.
The investment community will be closely monitoring the performance of Bitfarms Ltd. in its forthcoming earnings report. The company is scheduled to release its earnings on November 13, 2025. On that day, Bitfarms Ltd. is projected to report earnings of -$0.02 per share, which would represent year-over-year growth of 77.78%. Meanwhile, our latest consensus estimate is calling for revenue of $83.11 million, up 85.31% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.15 per share and a revenue of $314.54 million, representing changes of -7.14% and +63.07%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Bitfarms Ltd. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 16.67% downward. Bitfarms Ltd. is currently sporting a Zacks Rank of #4 (Sell).
The Technology Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 85, positioning it in the top 35% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Bitfarms Ltd. (BITF) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the latest trading session, Bitfarms Ltd. (BITF - Free Report) closed at $3.84, marking a -6.57% move from the previous day. This change lagged the S&P 500's daily loss of 1.17%. On the other hand, the Dow registered a loss of 0.53%, and the technology-centric Nasdaq decreased by 2.04%.
Prior to today's trading, shares of the company had gained 18.79% outpaced the Business Services sector's loss of 5.24% and the S&P 500's gain of 2.12%.
The investment community will be closely monitoring the performance of Bitfarms Ltd. in its forthcoming earnings report. The company is scheduled to release its earnings on November 13, 2025. On that day, Bitfarms Ltd. is projected to report earnings of -$0.02 per share, which would represent year-over-year growth of 77.78%. Meanwhile, our latest consensus estimate is calling for revenue of $83.11 million, up 85.31% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.15 per share and a revenue of $314.54 million, representing changes of -7.14% and +63.07%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Bitfarms Ltd. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 16.67% downward. Bitfarms Ltd. is currently sporting a Zacks Rank of #4 (Sell).
The Technology Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 85, positioning it in the top 35% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.